Asian Markets Trade Higher Tracking Overnight Rally On Wall Street; D-Street To Open In The Green?

Asian markets traded mixed on Friday following overnight rally on Wall Street and supported by China’s policy stimulus measures.
Japan’s Nikkei 225 gained 0.52%, while the Topix fell 0.23%. South Korea’s Kospi declined 0.18%, while the Kosdaq fell 0.15%. Hong Kong’s Hang Seng index futures indicated a higher opening.
Gift Nifty was trading around 26,360 level, a premium of nearly 50 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
US stock market ended higher on Thursday, with the S&P 500 scoring a record closing high, amid strong economic data.
The Dow Jones Industrial Average gained 260.36 points, or 0.62%, to 42,175.11, while the S&P 500 rose 23.11 points, or 0.40%, to close at 5,745.37, after rising to a record intraday high of 5,767.37. The Nasdaq Composite ended 108.09 points, or 0.60%, higher at 18,190.29.
Here's the trade set-up for today.
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